CIT Vs. HILTOP PALACE HOTEL (P) LTD

JUDGEMENT

(1.) This appeal has been filed by the revenue, against the order of the Tribunal, dated 25-11-2003, affirming the order of the Commissioner (Appeals), who had allowed the appeal of the assessee, and deleted the adjustment made by the assessing officer, while sending intimation under Section 143(1)(a).

(2.) The appeal was admitted on 20-3-2006, by framing following substantial question of law:

(3.) The matter was heard on 14-8-2008, then on 18-8-2008, and looking to the nature of controversy involved, we thought it proper to peruse the original 'Income Tax return, filed by the assessee, for the relevant assessment year 1994-95. For that purpose, the case was adjourned and ultimately it comes up today.